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    Financial and Managerial Accounting Study Set 8
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    Exam 24: Standard Cost Systems
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    If the Standard Quantity of Materials Is 84,500 Units at $0.15
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If the Standard Quantity of Materials Is 84,500 Units at $0.15

Question 101

Question 101

Multiple Choice

If the standard quantity of materials is 84,500 units at $0.15 per unit and the actual quantity is 95,000 units at $0.12 per unit,then the total materials cost variance is:


A) $2,850 Favorable.
B) $1,575 Unfavorable.
C) $1,275 Favorable.
D) $2,850 Unfavorable.

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